SHA:688656 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	63.34	121.63	163.47	153.8	449.86
Trading Asset Securities	-	-	-	135.23	5.01
Cash & Short-Term Investments	63.34	121.63	163.47	289.03	454.87
Cash Growth	-47.92%	-25.60%	-43.44%	-36.46%	673.38%
Accounts Receivable	56	48.61	41.5	32.38	37.48
Other Receivables	1	2.41	3.94	5.54	3.66
Receivables	57	51.02	45.44	37.92	41.15
Inventory	107.08	111.22	111.22	87.8	68.2
Prepaid Expenses	0.11	-	-	-	-
Other Current Assets	8.27	8.25	8.09	8.23	5.75
Total Current Assets	235.79	292.12	328.21	422.98	569.97
Property, Plant & Equipment	667.65	705.71	578.68	485.27	259.74
Other Intangible Assets	11.06	10.08	11.86	12.59	12.17
Long-Term Accounts Receivable	-	-	0.05	0.1	0.62
Long-Term Deferred Tax Assets	2.06	4.13	2.47	1.78	1.63
Long-Term Deferred Charges	10.4	12.12	11.58	16.25	10.27
Other Long-Term Assets	4.34	8.65	16.4	5.52	9.52
Total Assets	931.3	1,033	949.26	944.49	863.92
Accounts Payable	14.02	44.59	23.91	9.37	9.37
Accrued Expenses	29.33	37.98	34.98	31.06	29.4
Short-Term Debt	45.01	105.07	50.02	50.01	20.02
Current Portion of Leases	1.23	1.1	4.8	5.67	5.51
Current Income Taxes Payable	1.23	3.33	4.67	1.53	2.33
Current Unearned Revenue	13.3	12.71	14.62	13.33	13.54
Other Current Liabilities	4.42	5.16	2.74	41.89	6.01
Total Current Liabilities	108.54	209.94	135.75	152.86	86.17
Long-Term Debt	-	8	-	-	-
Long-Term Leases	1.15	1.53	1.03	9.74	5.35
Long-Term Unearned Revenue	1.6	1.2	1.74	2.49	2.4
Long-Term Deferred Tax Liabilities	-	-	-	0.04	0
Total Liabilities	111.3	220.67	138.52	165.13	93.92
Common Stock	63.48	63.06	63.06	63.06	63.06
Additional Paid-In Capital	566.07	562.98	553.46	550.62	549.35
Retained Earnings	210.34	205.82	193.92	165.51	157.49
Treasury Stock	-20.01	-20.01	-	-	-
Comprehensive Income & Other	0.13	0.29	0.29	0.18	0.1
Shareholders' Equity	820.01	812.14	810.73	779.36	770
Total Liabilities & Equity	931.3	1,033	949.26	944.49	863.92
Total Debt	47.39	115.69	55.86	65.43	30.88
Net Cash (Debt)	15.95	5.93	107.61	223.6	423.99
Net Cash Growth	168.84%	-94.49%	-51.88%	-47.26%	2762.22%
Net Cash Per Share	0.25	0.09	1.68	3.54	6.89
Filing Date Shares Outstanding	62.68	62.26	62.72	63.06	63.06
Total Common Shares Outstanding	62.68	62.26	63.06	63.06	63.06
Working Capital	127.26	82.18	192.46	270.12	483.8
Book Value Per Share	13.08	13.04	12.86	12.36	12.21
Tangible Book Value	808.95	802.06	798.87	766.77	757.83
Tangible Book Value Per Share	12.91	12.88	12.67	12.16	12.02
Buildings	499.28	512.37	20.53	20.53	17.34
Machinery	324.91	337.17	249.06	214.57	167.93
Construction In Progress	0.06	4.83	422.97	325.75	128.88

Source: S&P Global Market Intelligence. Standard template. Financial Sources.